Osinbajo begs Nigerians over border closure as food prices rise

Yemi Osinbajo, Nigerian Vice President has begged Nigerians to bear with Buhari government over the complete closure of the country’s land borders.

Osinbajo made the plea on Friday, October 25 while attending a town hall meeting in Benin, Edo state capital.

According to the vice president, the border closure became necessary in the bid to sound out Nigeria’s seriousness to its neighbours.

Osinbajo explained that Nigeria would be killing its own agricultural sector and indirectly its economy if it continued to allow smuggling in of contraband products through the borders shared with neighbouring countries.

Osinbajo said Nigeria wants neighbours to take the country’s reforms seriously in his response to the lamentation over high cost of food by vice president of Edo market women, Christiana Omokaro.

Vice president Osinbajo assured that there would be some gain after the pain of the closure. He also assured that Nigerians would soon begin to see the results of progress made with the border closure.

Meanwhile, Newsflash247 has earlier reported that Nigeria’s neighbours have begun to feel the heat of the border closure.

Kasapreko Company Limited, the manufacturer of Alomo Bitters, said it has lost about $2 million in revenue following the border closure by the Nigeria government.

The disclosure was made by the company’s head of international business development, Francis Holly Adzah.

But the IMF has applauded the closure of Nigeria’s land borders.

Abebe Selassie, the director of the African Department at the IMF, made the organisation’s position known on the sidelines of the World Bank/IMF Annual Meetings in Washington, USA recently.

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